Finance Minister Tendai Biti came under attack for his $20 million rescue of Renaissance Merchant Bank with most accusing the minister of double standards, adding that the deal was a waste of public funds. Reports said today Biti had authorised the National Social Security Authority to pump out $20 million into the troubled bank to prevent a possible sector-wide contagion.

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Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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